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Panama’s government-commissioned audit of First Quantum Minerals’ Cobre Panama copper mine has found the project broadly compliant with its legal, environmental and operational obligations, but flagged shortfalls in reforestation commitments and identified possible future environmental liabilities, the environment ministry said on Friday.
Global mining giant BHP says the second phase of its Jansen potash mine is expected to cost 40 per cent more than previously expected.
Donald Trump said he signed an agreement with Iran Wednesday that the U.S. claims will call for Tehran to dilute its stockpile of highly enriched uranium and waive sanctions on the country, immediately allowing Iran to sell its oil freely.
India is considering Canada as a potential crude oil supplier, High Commissioner Dinesh Patnaik said on Wednesday at the Global Energy Show in Calgary, Alberta, adding that the country’s newer refineries are designed to process heavy crude, making Canadian grades a viable option.
The lead developer of the Ksi Lisims liquefied natural gas project planned for the West Coast has announced benefit agreements with three First Nations in northern British Columbia.
U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic in the Gulf and oil exports through the Strait of Hormuz are rising even as Washington and Tehran struggle to reach a deal on ending their more than three-month-old war.
Alberta is touting its abundant supply of cheap fossil fuels to entice tech companies to build data centres for the AI boom, a move that would undermine Canada’s plan to link new data centre development with clean energy expansion.
OPEC expects robust oil demand growth and is not changing its estimates, Secretary General Haitham Al Ghais said on Thursday at the St Petersburg International Economic Forum, despite the Middle East conflict and closure of the Strait of Hormuz.
Global oil inventories could hit critical levels ahead of the peak summer demand period if stock draws continue at their current pace, the head of the International Energy Agency’s oil industry and markets division said on Tuesday.
Experts say it’s anyone’s guess whether the relief Canadians have been feeling at the pumps over the past week will last into June.
British Columbia Premier David Eby says a deal for Canada to supply liquefied natural gas to Germany makes it more likely the Ksi Lisims project on the West Coast will proceed.
Saskatchewan’s helium industry has a chance to significantly benefit from the war in Iran, but federal policies are holding it back, which has become a growing point of frustration for the province.
Russia plans to stay in OPEC+ despite a decision by the United Arab Emirates to leave, the Kremlin said amid turmoil in the global energy market.
A recently published scientific study is raising fresh concerns about the long-term environmental impacts of coal mining in Western Canada, finding that pollution from a mine closed decades ago continues to contaminate fish in an Alberta lake and could threaten its future.
The U.S. Supreme Court on Wednesday sided with Michigan in ruling that the state’s lawsuit seeking to shut down a section of an aging pipeline beneath a Great Lakes channel will stay in state court.
